How to Trade Crypto on Bybit: 2026 Beginner’s Tutorial

Overview:

• Bybit offers spot, futures, and options trading with high liquidity.

• Beginners should start with spot trading before using leverage.

• Strong risk management is essential to stay afloat in volatile Bitcoin and Ethereum markets.

Bybit is one of the biggest cryptocurrency exchanges, offering spot trading, futures, and options. The exchange offers high liquidity and several trading tools, offering flexibility to experiment with their trading strategies. 

The crypto market in 2026 started with strong price movements as Bitcoin recovered slightly after experiencing a deep correction in late 2025. These volatile situations offer many opportunities to profit. However, cryptocurrencies are high-risk assets; therefore, learning the basics can save you from making ill-informed financial decisions.

Creating and Verifying an Account

You can set up your account using an email address or phone number, along with a strong password. If you verify your identity by completing KYC procedures, you can access higher withdrawal limits and fiat features. Verification usually needs a government ID and a face scan. Both the website and mobile app offer the same features, but many traders prefer the web version because it makes chart analysis easier.

Adding Funds to the Account

Trading starts after you add funds to your account. Most traders deposit cryptocurrency such as USDT or USDC. These stablecoins work as a base currency for many pairs. While fiat deposits exist in some regions and require cards or banks, the rules depend on the country you live in. Blockchain fees change often, so you should check the network status before sending funds to avoid delay or extra charges.

Understanding the Trading Interface

The trading screen shows price charts, order book, and trade history. Charts include indicators such as moving averages, RSI, and volume. The order book shows buy and sell pressure in real time. Traders can easily switch between spot, futures, and options. Familiarizing yourself with the interface helps reduce mistakes when you have to make quick decisions.

Also Read - What is a Cryptocurrency Exchange and How Does It Work?

Order Types Explained

You can use market orders to buy or sell cryptocurrencies instantly at the current price. While these orders work quickly, they may cause slippage in high-volatility markets. Limit orders, on the other hand, allow you to set the price for your transactions. Many traders use limit orders to save fees. Stop-loss and take-profit orders close trades automatically at set levels. Conditional orders and trailing stops help manage trades without continuous monitoring.

Spot Trading for Beginners

Spot trading involves buying and selling real cryptocurrency coins. For example, buying BTC with USDT gives traders direct Bitcoin ownership. Beginners usually start with spot trading because the risk is lower than in leveraged trading. The current spot fees are around 0.10% to 0.20% for regular users. Smaller trade sizes and limit orders help beginners stay safer in the market.

Margin and Perpetual Trading Basics

Perpetual contracts allow you to gain profit from price movements. However, as leverage increases, position size increases, and so does the probability of losses. You can either choose an isolated margin to limit risk to a single trade, or a cross-margin that uses your entire balance as support. 

Funding rates apply to perpetual trades and are often changing. Positive funding means long traders pay shorts, and negative funding signals shorts pay longs. Traders must always know the liquidation price before opening leverage trade.

What Are Crypto Options?

Traders can rely on options for more flexible financial strategies. Call options profit when the price rises, and put options profit when the price dips. Options buyers face limited risk, but sellers face higher risk. The cryptocurrency price depends on volatility, time, and demand. Beginners should practice options in demo mode first, as it can feel complex in real-time markets.

Fees and Trading Costs in 2026

Trading fees depend on product type and account level. Spot trading typically starts near 0.10%, while futures often have lower maker fees and higher taker fees. Options follow different fee rules. Withdrawal fees change by blockchain and token. Promotions and volume discounts reduce cost, but traders still need to check the current fee before trading.

Also Read - Top 50 Cryptocurrency Exchanges

Risk Management and Discipline

Trading can be profitable if you have strong risk control. Limiting risk per trade helps you protect your account during bad streaks, whereas stop-loss orders remove emotionally triggered decisions. Additionally, high leverage causes fast losses, especially in volatile market conditions. Consistent trade size and realistic targets can help you survive longer.

Regulation and Regional Access

Crypto rules change often across countries. Some regions restrict certain services. For example, traders in Japan face restrictions under local laws. Staying informed about regional regulations helps prevent account issues. Checking official announcements helps you stay compliant and avoid legal penalties.

Final Thoughts

Crypto trading on Bybit offers many tools and high liquidity to make a strong portfolio in markets with volatile price movements. If you are a beginner, you can gain the best results by starting with spot trading and learning order types. With strong discipline and risk management, you can achieve long-term trading success.

FAQs

What is Bybit used for?

Bybit is a crypto exchange used for trading Bitcoin, Ethereum, and other cryptocurrencies through spot and derivatives markets.

Is Bybit good for beginners?

Bybit suits beginners who start with spot trading and learn basic order types before using leverage.

Can Bitcoin and Ethereum be traded on Bybit?

Yes, both Bitcoin and Ethereum are available for spot, futures, and options trading on Bybit.

Does Bybit charge trading fees?

Yes, Bybit charges trading fees that vary by product type and account tier.

Is leverage trading risky on Bybit?

Leverage trading carries high risk because losses increase quickly during market volatility.